Warehouse REIT PLC First day of dealings (2102R)

TIDMWHR

RNS Number : 2102R

Warehouse REIT PLC

20 September 2017

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, TO US PERSONS OR IN OR INTO, THE UNITED STATES, AUSTRALIA, SOUTH AFRICA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

The contents of this announcement, which have been prepared by and are the sole responsibility of Warehouse REIT plc (the "Company"), have been approved by G10 Capital Limited (the "AIFM"), as a financial promotion solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000 ("FSMA").

20 September 2017

Warehouse REIT plc

(the "Company" or "Warehouse REIT")

First day of dealings

Further to its previous announcements, Warehouse REIT plc, the specialist warehouse investor, is pleased to announce the commencement of dealings in its ordinary shares at 08.00 today, following Admission to AIM. The ordinary shares will trade under the ticker WHR.

The total number of ordinary shares in the Company in issue immediately following Admission is 166,000,000 each with equal voting rights. The total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Peel Hunt LLP ("Peel Hunt") is acting as nominated adviser and broker to the Company.

Enquiries:

Warehouse REIT plc via FTI Consulting

 
 Tilstone Partners Limited                                 [phone] 
  Andrew Bird, Paul Makin                                   090 
 G10 Capital Limited (part of the Lawson Conner Group), 
  acting as AIFM                                           [phone] 
  Agnese Soldane, Gerhard Grueter                           1302 
 
   Peel Hunt (Financial Adviser, Nominated Adviser and 
   Broker) 
   Capel Irwin, Edward Fox                                   [phone] 
 FTI Consulting (Financial PR & IR Adviser to the 
  Company) 
  Dido Laurimore, Ellie Sweeney, Richard Gotla             [phone] 
 

Further information on Warehouse REIT is available on its website http://www.warehousereitplc.co.uk

Notes to editors:

Warehouse REIT has raised gross proceeds of GBP150 million (GBP146.8 million net) to invest in a diversified portfolio of UK warehouse assets located in urban areas.

Occupier demand for urban warehouse space is increasing as the structural growth in e-commerce has driven the rise in internet shopping and investment by retailers in the "last mile" delivery sector. The urban warehouse sector offers one of, if not the highest, initial yield of all UK property sectors.

The Company is an alternative investment fund ("AIF") for the purposes of the AIFM Directive and as such is required to have an investment manager who is duly authorised to undertake the role of an alternative investment fund manager. The Investment Manager is currently G10 Capital Limited, whose role will pass to Tilstone Partners Limited ("TPL"), on receipt of the FCA approval. TPL is the vehicle of the management team which assembled the Tilstone Property Portfolio, a hand-picked seed portfolio of 27 assets.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 20, 2017 03:30 ET (07:30 GMT)